ASA Gold Financials

ASA Stock  USD 20.28  0.02  0.1%   
Based on the measurements of operating efficiency obtained from ASA Gold's historical financial statements, ASA Gold and may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, ASA Gold's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 308.9 M, whereas Other Current Liabilities is forecasted to decline to about 316.8 K. Key indicators impacting ASA Gold's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.8212.72
Way Down
Very volatile
Investors should never underestimate ASA Gold's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ASA Gold's cash flow, debt, and profitability to make informed and accurate decisions about investing in ASA Gold and.

Cash And Equivalents

1.12 Million

  
Understanding current and past ASA Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ASA Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in ASA Gold's assets may result in an increase in income on the income statement.
Please note, the presentation of ASA Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ASA Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ASA Gold's management manipulating its earnings.

ASA Gold Stock Summary

ASA Gold competes with Visa, Deutsche Bank, and Dynex Capital. ASA Gold and Precious Metals Limited is a publicly owned investment manager. ASA Gold and Precious Metals Limited was founded in 1958 and is based in Portland, Maine. ASA Gold is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINBMG3156P1032
CUSIPG3156P103 002050102
LocationMaine; U.S.A
Business AddressThree Canal Plaza,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.asaltd.com
Phone800 432 3378
CurrencyUSD - US Dollar

ASA Gold Key Financial Ratios

ASA Gold Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets464.7M482.7M326.3M335.6M302.1M323.7M
Other Current Liab433.6K462.3K312.4K370.6K333.5K316.8K
Retained Earnings443.3M461.2M304.9M314.3M361.4M274.8M
Cash1.3M79.9K78.5K4.8M4.3M5.5M
Other Assets109.1K131.0K104.2K88.6K101.8K106.9K
Total Liab803.4K462.3K691.6K706.5K635.9K604.1K
Other Liab411.3K369.8K333.5K379.2K341.3K324.3K
Net Debt(1.3M)(79.9K)(78.5K)(4.8M)(5.5M)(5.8M)
Net Receivables177.2K236.8K183.8K328.2K295.4K237.0K
Total Current Assets1.5M316.7K262.3K5.2M4.7M5.6M
Net Tangible Assets285.9M463.9M481.9M325.6M293.0M299.3M

ASA Gold Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue179.7M19.3M(154.8M)2.4M2.8M2.6M
Gross Profit179.7M19.3M(154.8M)2.4M2.8M2.6M
Operating Income178.4M18.3M(155.9M)(1.1M)(1.2M)(1.2M)
Cost Of Revenue45.4K156.9K3.6M8.4M9.7M10.2M
Income Before Tax178.4M18.3M(155.9M)9.7M8.8M13.2M
Net Income178.4M18.3M(155.9M)9.7M8.8M13.9M
Ebit178.4M18.3M(155.9M)(1.1M)(1.2M)(1.2M)
Ebitda178.4M18.3M(155.9M)9.5M8.6M9.0M
Income Tax Expense(1.5M)18.3M(155.9M)9.7M8.8M9.2M
Interest Income92.5M181.0M20.0M97.1K87.4K83.0K
Research Development4.870.635.290.860.770.74

ASA Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ASA Gold's current stock value. Our valuation model uses many indicators to compare ASA Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASA Gold competition to find correlations between indicators driving ASA Gold's intrinsic value. More Info.
ASA Gold and is rated second in return on equity category among its peers. It is rated fourth in return on asset category among its peers . At present, ASA Gold's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ASA Gold's earnings, one of the primary drivers of an investment's value.

ASA Gold Systematic Risk

ASA Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ASA Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on ASA Gold correlated with the market. If Beta is less than 0 ASA Gold generally moves in the opposite direction as compared to the market. If ASA Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ASA Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ASA Gold is generally in the same direction as the market. If Beta > 1 ASA Gold moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ASA Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ASA Gold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ASA Gold growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

At present, ASA Gold's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

ASA Gold December 18, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ASA Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ASA Gold and. We use our internally-developed statistical techniques to arrive at the intrinsic value of ASA Gold and based on widely used predictive technical indicators. In general, we focus on analyzing ASA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ASA Gold's daily price indicators and compare them against related drivers.

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When running ASA Gold's price analysis, check to measure ASA Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASA Gold is operating at the current time. Most of ASA Gold's value examination focuses on studying past and present price action to predict the probability of ASA Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASA Gold's price. Additionally, you may evaluate how the addition of ASA Gold to your portfolios can decrease your overall portfolio volatility.
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